Novo Banco is to close 20 branches by the end of the year, most of them in city centres, as part of a continuing drive to cut costs and move towards digital online banking. The bank’s CEO, [...]

A 10-building development which was in the hands of a bank because of loan default is to provide housing for the middle classes in Porto thanks to a €18 million investment. The Onires Group and [...]

Global Media has struck a deal with Portugal’s Bel Group to become a shareholder in the company. According to the news agency Lusa, the Bel Group will now have an interest in Global Media which [...]

Portuguese tourism entrepreneur Mário Ferreira has payed €11 million for a 3.2% stake in British cruise ship operator Saga. According to newspaper negócios, the man who also has a 30.22% share in [...]

Portugal’s economy is recovering “faster than expected” according to the new finance minister João Leão in an interview with Bloomberg. The minister said that the European economy was “severely” [...]

A 10-building development which was in the hands of a bank because of loan default is to provide housing for the middle classes in Porto thanks to a €18 million investment. The Onires Group and [...]

By CEDESA If doubts or hesitations existed about the importance of Angola’s ports for the country’s sustainable commercial development, these have completely dissipated with the Covid-19 [...]

The new senior management directors appointed to run bank EuroBic are still waiting to take the helm despite their appointment because the Bank of Portugal has yet to give the green light. The [...]

Rogério Pereira is the new Chief Financial Officer (CFO) of the United Investments, the group which owns Pine Cliffs Resort, Sheraton Cascais Resort, Quinta Marques Gomes, Hyatt Regency Lisboa [...]

The consultancy OnStrategy has published a ranking table of brands which were the most import to the Portuguese during the lockdown State of Emergency between March and May this year. While [...]